RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CL
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Evaluation of Colgate-Palmolive Company stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 15, 2023 Gain 16.98% PDF

The Colgate-Palmolive Company stock price gained 0.111% on the last trading day (Thursday, 28th Mar 2024), rising from $89.95 to $90.05. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.501% from a day low at $89.90 to a day high of $90.35. The price has risen in 7 of the last 10 days and is up by 1.92% over the past 2 weeks. Volume fell on the last day by -635 thousand shares and in total, 3 million shares were bought and sold for approximately $310.14 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 12.81% during the next 3 months and, with a 90% probability hold a price between $99.12 and $104.76 at the end of this 3-month period.

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CL Signals & Forecast

The Colgate-Palmolive Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $89.12 and $86.88. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, February 09, 2024, and so far it has risen 7.90%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Colgate-Palmolive Company stock

Colgate-Palmolive Company finds support from accumulated volume at $88.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.450 between high and low, or 0.501%. For the last week the stock has had daily average volatility of 0.799%.

Our recommended stop-loss: $87.19 (-3.18%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 33 days ago.)

Trading Expectations (CL) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Colgate-Palmolive Company to open at $90.10, and during the day (based on 14 day Average True Range), to move between $89.09 and $91.01, which gives a possible trading interval of +/-$0.96 (+/-1.07%) up or down from last closing price. If Colgate-Palmolive Company takes out the full calculated possible swing range there will be an estimated 2.13% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $88.35, some $1.70 (1.89%) from the current price of $90.05, our system finds the risk reward attractive.

Is Colgate-Palmolive Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Colgate-Palmolive Company stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.283 Buy Candidate Downgraded

Predicted Opening Price for Colgate-Palmolive Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$90.10 ( 0.0555%) $90.05

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 90.55 0.555 %
R2 90.38 0.364 %
R1 90.27 0.246 %
Current price: 90.05
Support S1 89.93 -0.135 %
S2 89.82 -0.253 %
S3 89.65 -0.444 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 90.05
Support S1 88.35 -1.89%
S2 86.52 -3.92%
S3 82.83 -8.02%

CL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 19, 2024 Apr 19, 2024 May 15, 2024 $0.500 0.555%
2 Jan 11, 2024 Jan 19, 2024 Feb 15, 2024 $0.480 0.574%
3 Sep 13, 2023 Oct 20, 2023 Nov 15, 2023 $0.480 0.636%
4 Jun 08, 2023 Jul 20, 2023 Aug 15, 2023 $0.480 0.643%
5 Mar 09, 2023 Apr 20, 2023 May 15, 2023 $0.480 0.592%

FAQ

What is the symbol for Colgate-Palmolive Company Stock and on which exchange is it traded?
The symbol for Colgate-Palmolive Company is CL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Colgate-Palmolive Company Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Colgate-Palmolive Company stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Colgate-Palmolive Company Stock?
Colgate-Palmolive Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Colgate-Palmolive Company Stock.

What's the current price of Colgate-Palmolive Company Stock?
As of the end of day on the 2024-03-28, the price of an Colgate-Palmolive Company (CL) share was $90.05.

What is the 52-week high and low for Colgate-Palmolive Company Stock?
The 52-week high for Colgate-Palmolive Company Stock is $90.35 and the 52-week low is $67.62.

What is the market capitalization of Colgate-Palmolive Company Stock?
As of the 2024-03-28, the market capitalization of Colgate-Palmolive Company is 74.125B.

When is the next earnings date for Colgate-Palmolive Company?
The upcoming earnings date for Colgate-Palmolive Company is Apr 26, 2024.
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About Colgate-Palmolive Company

Colgate-Palmolive Company Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. The company operates through two segments, Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners,... CL Profile

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